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re: Blue Cross sale

Posted on 1/6/24 at 1:31 pm to
Posted by SippyCup
Gulf Coast
Member since Sep 2008
6145 posts
Posted on 1/6/24 at 1:31 pm to
quote:

In theory the funds from the sale should be a great boost to the state


The state doesn’t own BCBS
Posted by Epic Cajun
Lafayette, LA
Member since Feb 2013
32732 posts
Posted on 1/6/24 at 1:50 pm to
quote:

The state doesn’t own BCBS

A large percentage of the funds (billions) from the sale were going into a fund and 5% of those funds would be used for non-profit organizations around the state every year. It would be hundreds of millions every year.
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